Landore Resources Limited Result of Extraordinary General Meeting (6385J)
April 03 2018 - 6:48AM
UK Regulatory
TIDMLND
RNS Number : 6385J
Landore Resources Limited
03 April 2018
3 April 2018
LANDORE RESOURCES LIMITED
("Landore Resources" or the "Company")
Result of Extraordinary General Meeting
Admission and Total Voting Rights
Issue of Warrants
On 16 March 2018 Landore Resources (AIM: LND) announced that it
had conditionally raised gross proceeds of GBP3.15m through a
placing and subscription of 210,000,000 New Ordinary Shares at a
price of 1.5 pence per New Ordinary Share with new and existing
institutional investors in the Company and the issue of 210,000,000
Warrants (collectively, the "Fundraising"). The Fundraising was
subject to, inter alia, the approval by Shareholders of the
Resolutions set out in the Notice of Extraordinary General
Meeting.
The Company is pleased to announce that all the Resolutions were
duly passed at the Company's Extraordinary General Meeting held
earlier today.
Admission and Total Voting Rights
Accordingly, Admission of the 210,000,000 New Ordinary Shares
will become effective at 8.00 a.m. on 4 April 2018. Following
Admission, the Company's issued share capital will consist of
1,045,915,779 Ordinary Shares with voting rights. Landore Resources
does not hold any Ordinary Shares in treasury.
Following Admission, the abovementioned figure of 1,045,915,779
Ordinary Shares may be used by Shareholders as the denominator for
the calculations by which they will determine if they are required
to notify their interest in, or a change to their interest in,
Landore Resources under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.
Issue of Warrants
In addition, the Company also confirms that, following the
passing of the Resolutions, the 210,000,000 Warrants will be issued
to the holders of the New Ordinary Shares.
Capitalised terms used in this announcement carry the same
meaning as those ascribed to them in the Circular dated 16 March
2018, unless the context requires otherwise.
-ENDS-
For more information, please contact:
Landore Resources Limited
Bill Humphries, Chief Tel: 07734 681262
Executive Officer
Richard Prickett, Finance Tel: 07775 651421
Director
www.landore.com
Strand Hanson (NOMAD)
Angela Hallett Tel: 020 7409 3494
Jack Botros Tel: 020 7409 3494
Cenkos Securities plc
(Broker)
Neil McDonald Tel: 0131 220 9771
Beth McKiernan Tel: 0131 220 9778
Pete Lynch Tel: 0131 220 9772
This announcement contains inside information as defined in
Article 7 of the Market Abuse Regulation No 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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